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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: bob yahnke who wrote (148)5/24/1999 1:28:00 PM
From: Nathan Hansen  Read Replies (1) | Respond to of 2514
 
Anyone heard if there is any Big U.S. banks or Credit Card companies involved in this one yet? There is some serious money at play today.



To: bob yahnke who wrote (148)5/24/1999 2:01:00 PM
From: taxikid  Read Replies (1) | Respond to of 2514
 
bob, i have read your posts, as well as the bulk of this thread.
if the float is larger than yahoo shows, that is better for anyone short. however the short positions of old represent less than 5% of the float.
I would suspect that short interest is a lot higher today and that volatility will allow this one to be a great day trader stock for the next few weeks. I have no position in cust and if i do decide to play it will definitely be a straddle.
The $5 per share in cash is pretty much a lock that this company is worth $15 on the fundamental side. The product has yet to be seen. Buying a straight long position here would be pure speculation.
congrats on your fantastic gains.
taxi



To: bob yahnke who wrote (148)5/24/1999 2:03:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 2514
 
Bob, I gladly did. Shorted at 69 1/4, and 88.

Tom